Market View 17 February 2011

Ok, I received a question in the blog comment asking
whether Genting is still a good buy? My answer is that
it is still a good buy as I believe it still has further upside
potential and fundamentally there is no drastic measure
to derail its operation and prospect. It will be a GREAT
buy if you can get it below $2 and an AMAZING buy
if you can get it below $1. I know of readers and Skype
members who bought the stock when it was in the 80cts
to $1 region and are still keeping the stock till now.
When you get a winner in your hand, don't sell it.
Just let it show you how high and far it can go...

Sinograndness opened gap down yesterday morning
and I was expecting to cover the gap between the
54-54.5cts before resuming its up move. Instead the
stock did a wonderful reversal and closed high at 58cts.
It will be very interesting to see whether it will re-test
recent high 61cts and create new high after that.
It will be announcing result on or before 23th February
so the pre-result play may be starting and it is also
going for dual-listing in Taiwan.


Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

别人笑我太疯颠，我笑别人看不穿

Market View 16 February 2011

Our market continued to be weak this week
with the index, big-mid caps and pennies feeling
the effect of a correction selldown. I received
many questions about the cause of the recent
weakness and when it will stop. To me, this is
just a normal kit-kat chocolate time and I just
need to take a break while still having a eye on
the market happenings.

I mentioned in previous blogs that there are
bargains in the market due to the sellings.
In my opinion, Genting is a good buy below $2
as it will likely find support around the 1.97 region.
The risk is still intact and a mid-term viewpoint
is needed in such a trade.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

别人笑我太疯颠，我笑别人看不穿

Market View 15 Februray 2011

STI managed to surge 27 points or 0.88% yesterday
but the same can't be said about the many pennies
and mid-cap stocks. Many stocks are still in a selling
mode or is in a sideway move currently, but if you ask
me, I will say that they will have more upside rather
than further selling, in my opinion.

Genting need to stand firm at the psychological important
$2 level, and any further support will be around the
1.97 region.
The palm oil counters are still reasonably steady and
resilient recently and they should be the sector and
counters to watch closely.


Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

别人笑我太疯颠，我笑别人看不穿

Market View 14 February 2011

There have been plenty of bad news coming out
from everywhere recently. We have the Egypt or
Middle-east issue, Interest Rate increment in China,
Funds bailing out of the region, and the occasional
market reaction from Uncle Sam. But despite all the
gloom and doom around, I still see a silver lining
in the horizon.This is a great time to pick up quality
bargains that had fallen down from the grace.

Please don't ask me which micro-penny stock to buy,
and by micro-penny, I mean those below 10cts stocks.
They are dirt cheap for mostly fundamental reasons and
I believe not many can did a turnaround and will hover
around the price for many many days (years) to come.
If you are asking an "expensive" stock then by all means,
keep your questions coming.

We will have the Budget unveil this Friday, 18 February,
and I expect the market to trade firmer leading to the
big days. Lots of market-friendly measures are expected
in Budget 2011 but I can't say the same thing for all
the sector like the Property sector, in my own view.


Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山


It's Valentine Day today and

Market View 10 February 2011

On Tuesday and Wednesday, I  mentioned Sinograndness
in my blog and I received many questions from the Skype
members about the stock. They were concerned that if they
buy the stock again, they will be buying at a higher price than
they sold the last time. It is quite amazing that such a concern
is raise as that is precisely why the stock is worth of another
entry. It is staging another surge and its momentum is unstoppable
as it closed at day-high 60cts yesterday. For those who took the plunge,
enjoy the surge (again if this is your 2nd entry) and just have a
ready trailing stop which I don't believe will be triggered.
For those who die-die want to have a price target, I will say it
will hit initial resistance above 60cts and around the 65cts region.

Genting is still on a cha-cha dance so my previous view on it 
is still valid and awaiting further confirmation from the price
actions.
I am still bullish on the 3 stocks that I mentioned yesterday and
please don't ask me which one will move the first and the most.
Frankly, I don't like such questions as it is quite annoying although
I can understand where you are coming from. Everyone want
to make the most money with the least effort but somehow it
is not that practical in front of Mr Market.


Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山

P.S.: The Market View may not be available tomorrow morning
as I got a dinner tonight. If I can wake up in time, then I will
provide a Market View, or else....

人日留言 & Tech stock to watch out for

今天是人日， 是每个人的生日.
祝人人， 天天开心， 生活富裕，
快乐， 充实, 知足。
人人安居乐业， 世界和平!
天灾人祸，走开吧!
烦恼忧愁，都没了!
天天沐浴春风， 如鱼得水!
发啊! 发啊! 发啊!

Ok, as what some Skype members have reminded
me times and times and I kept forgotten to post,
this is a list of Tech stocks that I feel the readers
should take note of. Some of them are pure Techs
while others can be  look upon as manufacturing stocks,
it is OK as long as they are the superstar when the
market focus switches to the Techs play.

The stocks are listed as alphabetical order and I
have highlighted those better potentials in bold.
(The list is not by any standard exhaustive as there
maybe other Tech stock popping up, like the recent
Green Tech which I will touch on next time)

1. Armstrong
2. Aztech
3. Beyonic
4. Bright World
5. Broadway
6. DMX
7. ECS
8. Hi-P
9. Huan Hsin
10. Innotek 
11. Longcheer
12. PCI
13. Sinotel
14. Techcomp
15. Trek
16. UMS

Market View 9 February 2011

Wall Street closed in the green again and
let's see how our market will react after
closing in the red yesterday. Dow added
72 points, S&P 500 gained 6 points and
Nasdaq advanced 13 points.

Yesterday Genting rebounded from a day-low
of 2.04 to close at 2.09 +3cts and this is a
very good sign that it may proceed to test the
2.11 resistance. Should it breached, it will be
in the 2.11-2.18 range and I believe this will be
the very likely scenario seen rather than the
gloomy state it is in right now.

There are a few stocks that I believe has good
potential to be in the limelight and the rewards
should be fulfilling. Ezion look set to test the 73.5cts
resistance if it is above the 68cts support which I
believe it will.
Sinograndness was mentioned by me yesterday
and after its closing and if you look at the chart
its price is moving up but the volume is decreasing.
I don't like such a divergence and either the price
or volume will correct itself, and I believe it will be
pretty soon.

Take a look at these other few stocks and namely
XinRen, Innotek and Sinotel. I like their chart formation
and with volume coming in, they should be able to
move high.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict (Risk)Money-management.
If you don't like what you see in the market,
simply don't trade.

If you have Skype, and would like to chat with me about
stocks and all others, you can ring me at my
email address: stocklobang@yahoo.com
I have currently a couple of members skyping with me
everyday,and they are having good trading results.
See their comments here:
http://stocklobang.blogspot.com/feeds/comments/default

As usual,
Stay Alert but be Aggressive too.
Audentes Fortuna Juvat !!

市场生存座右铭: 风林火山